What is the projects internal rate of return irr

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Question: A project that costs $2,900 to install will provide annual cash flows of $790 for each of the next 6 years.

a. Calculate the NPV if the opportunity cost of capital is 12%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

b. Is this project worth pursuing?

c. What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM132757649

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